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and obviously a little more personals on taxes and promise the. >> yeah. you have been a team now for 25 years. >> right. >> the most successful team, i would say, since huntly brinkley whom you don't remember. i do. lg-running team. very successful. what's next for you as journalists? >> i think that making that transition into english language and being able to reach all audiences and what i mean is not only hispanics that speak english but all audiences, to understand who we are. i think to elevate the position of latinos in this country and the role of latinos in this society is something that we sort of take on as a mission. >> to stay relevant its very challenging right w to stay relevant when you have the internet, when you have social media. it's very difficult that your voice stays relevant and nothing gets lost among the noise. i think that's one of the most important things. and finally it has to do with trust. after 25 or 30 years if we say something and people trust what we say, that's the best a zblard maria and george, this has been a plsure
and obviously a little more personals on taxes and promise the. >> yeah. you have been a team now for 25 years. >> right. >> the most successful team, i would say, since huntly brinkley whom you don't remember. i do. lg-running team. very successful. what's next for you as journalists? >> i think that making that transition into english language and being able to reach all audiences and what i mean is not only hispanics that speak english but all audiences, to understand...
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reform instead say tax simplification never say estate tax instead say the death tax. never say capitalism instead say free market out of this is this is the republican mame is to is to is to always go in that direction never say undocumented workers instead say illegal aliens never say drilling for oil instead say exploring for energy never skate school choice and says a sequel opportunity in education and never say health care choice instead say the right to choose so you get at the this is very very systematic manipulation of language in the american political discourse this is the republican game plan laid out and this is the only way they can win elections this and disenfranchising people keeping people from voting voter id laws and things like that but basically this by boiling down often complex issues where the right answer can only be found through rigorous debate and turning them into quick easy to remember catch phrases and buzz words let's eliminate the dead debate around how much people like paris hilton should pay in a state taxes stead just call it a dre
reform instead say tax simplification never say estate tax instead say the death tax. never say capitalism instead say free market out of this is this is the republican mame is to is to is to always go in that direction never say undocumented workers instead say illegal aliens never say drilling for oil instead say exploring for energy never skate school choice and says a sequel opportunity in education and never say health care choice instead say the right to choose so you get at the this is...
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. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure that out while voters digest the second of four debates. in danville, kentucky, i'm steve handlesmen, nbc news, lynn, back to you. >>> steve, thanks so much. president obama and mitt romney will have their second debate at hofstra university. well, nbc's andrea mitchell led our truth squad in danville last night with a fact check of the debate. she started with the deadly september 11th attack on the u.s. consulate in benghazi and paul ryan accusing the obama administration of not properly protecting u.s. personnel. >> what we should not be doing is rejecting claims for calls for more security in
. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to...
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Oct 11, 2012
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the tax code. what governor romney and what paul ryan have said is let's have a fair flatter simpler more competitive tax code, bring down rates and broaden the base. start to get rid of all the different loopholes and all the different exemptions. and so this is how you can have a tax code again that is fair, flatter, simpler and is revenue neutral, which of course we have now -- there's at least a half dozen economists, economic organizations, who have said this is true. you've had fact checkers with respect to the president's claim that this increases taxers say that's false. it doesn't. so here is the framework and what mitt romney said is i'm willing to work with both sides of the aisle republicans and sdms to get the details right and t president has never worked with republicans. there is no doubt that the president wants to increase taxes on small businesses, the job engine of america. >> i think there's no doubt we just heard a review what have we might hear from paul ryan tonight. congres
the tax code. what governor romney and what paul ryan have said is let's have a fair flatter simpler more competitive tax code, bring down rates and broaden the base. start to get rid of all the different loopholes and all the different exemptions. and so this is how you can have a tax code again that is fair, flatter, simpler and is revenue neutral, which of course we have now -- there's at least a half dozen economists, economic organizations, who have said this is true. you've had fact...
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Oct 6, 2012
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buildings and properties in the city which don't pay taxes but use our services and use our roads, put the stress or extra burden on property taxpayers. that is part of the burden they have to bear for being the capital city and some times what the state wants to do doesn't necessarily follow the typical ordnances most businesses and residents have to comply with. city ordinances don't necessarily apply to the state so it can be a fraction point but we try to work through those things and understand the benefits of being the capital city far away from the down side that we have to deal with but the biggest challenge is always jobs and that is true of any community. you have seen what we have to offer. it is a vibrant community and there's a lot going on and a brand-new hospital coming online and brand new courthouse that is a $15 million project and the commerce center down the road that is the major construction. we are going to have a big construction project on the interstate that will make traffic move better and commercial development going on in this city and in the census we gai
buildings and properties in the city which don't pay taxes but use our services and use our roads, put the stress or extra burden on property taxpayers. that is part of the burden they have to bear for being the capital city and some times what the state wants to do doesn't necessarily follow the typical ordnances most businesses and residents have to comply with. city ordinances don't necessarily apply to the state so it can be a fraction point but we try to work through those things and...
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Oct 6, 2012
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is trying to neutralize the attack, over his comments regarding 47% of americans not paying income tax. and see themselves as victims. a view he now disavows. >> sometimes you say something completely wrong. >> reporter: only three weeks ago he said the comments were not elegantly stated. now he disavows the comments, perhaps in time for the debate when president obama is expected to be ready for attack. >> thank you. >>> sue herrera has visited us from cnbc headquarters today here in our studios, by the way, the markets reacted in a big way today as job news, stocks closed at the highest level today in nearly five years, as you sue, know, all too well. what does it mean? >> i think it was a good report in one sense in that the economy is continuing to add jobs, but it was not a great report. we need to continue to see better numbers than this. 150 or 200,000 new jobs created for the next few months to get us back to levels of much better employment. it is a start, but not a great report. it is a start but not a good report. >> as we saw in andrea's set-up piece, the combination of the
is trying to neutralize the attack, over his comments regarding 47% of americans not paying income tax. and see themselves as victims. a view he now disavows. >> sometimes you say something completely wrong. >> reporter: only three weeks ago he said the comments were not elegantly stated. now he disavows the comments, perhaps in time for the debate when president obama is expected to be ready for attack. >> thank you. >>> sue herrera has visited us from cnbc...
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there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, romney is at 47%. i think the president, the fundamental structure of the race hasn't been changed, but if he doesn't go on the attack, if biden doesn't do a good job against ryan, and if the president doesn't show up and isn't strong in the second debate, then you're going to have a tossup race. >> well, i would disagree with your approach, first of all. i don't approach it that way. that's going back and relegating all the old arguments. in spirit what i would do, unlike shrumy, i would take the big issue that is separating the candidates, don't get into the little trench warfare about what's your tax plan and where were you on medicare two weeks ago. i would sa
there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, romney is at 47%. i think the president, the fundamental structure...
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$5 trillion in tax cuts that he can't pay for? not if i've got anything to say about it. >>> plus, a tea party group accused of hovering and getting into faces is under fire. congressman cummings is demanding answers. he's here exclusively. >>> and live from new york, it's me, our friends at "snl" took on yours truly and the msnbc team. oh, yeah, i've got something to say about it. you're watching "politicsnation" on msnbc. >> it's a mile below the earth so for him, speaking to colorado was like being flown two miles into the air and having to give a speech in outer space. an intense burning sensation i woke up with this horrible rash on my right side. like somebody had set it on fire. and the doctor said, cindie, you have shingles. he said, you had chickenpox when you were a little girl... i said, yes, i did. i don't think anybody ever thinks they're going to get shingles. but it happened to me. for more of the inside story, visit shinglesinfo.com mom? who's mom? i'm the giants mascot. eat up! new jammin jerk chicken soup has tas
$5 trillion in tax cuts that he can't pay for? not if i've got anything to say about it. >>> plus, a tea party group accused of hovering and getting into faces is under fire. congressman cummings is demanding answers. he's here exclusively. >>> and live from new york, it's me, our friends at "snl" took on yours truly and the msnbc team. oh, yeah, i've got something to say about it. you're watching "politicsnation" on msnbc. >> it's a mile below the...
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massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left? >> first off, you're kind of misquoting what he said. number one, he said it's not a $5 trillion dr. >> 4.8. >> but it is. i don't care what he says, he's lying. it is $5 trillion. >> bob, let me make mire point. >> don't repeat his lie without any evidence. >> i'm not repeating it. the fact you call it a lie, you take that up with him. >> no, he's the one who's lying. >> let me make the point. how does it not -- >> the fact of the matter is he's identified that what he's going to do is limply fill the tax code in a number of
massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left?...
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they have high taxes. so, i think -- i question the premise that you are working on. >> josh. >> i think we somewhat overstate the ability of the government to shape the nature of the economy here. do we want category killers? it's not something that arose because of public policy. it arose because it would have happened regardless of what policy was. there are policy concerns to address but i think a lot of the stuff is out of control of the president. >> all of this is, you know, comes from our liability roles, from our anti-trust rules. >> exactly. there's a huge legal -- let me say this as a final note. if the goal is entrepreneurial capital, you need a financial system that works much better than the one we have now. right now, american finance is failing to do the single thing it's supposed to do, which is to channel the money of savers into productive investment. $8 trillion of cash on the sidelines. you have boom and bust cycles, the worst crisis for 70 years. to me, the thing upstream of this is r
they have high taxes. so, i think -- i question the premise that you are working on. >> josh. >> i think we somewhat overstate the ability of the government to shape the nature of the economy here. do we want category killers? it's not something that arose because of public policy. it arose because it would have happened regardless of what policy was. there are policy concerns to address but i think a lot of the stuff is out of control of the president. >> all of this is, you...
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wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> wh
wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> it is time. it is time for the "lightning round." on cramer's you say the name -- >> buy, buy, buy! >> sell, sell, sell! >> when i play this sound -- [ buzzer ] >> -- and then the "lightning round" is over. are you ready, skee-daddy? let's start with dave in michigan. dave? >> caller: hey, jim, big detroit tiger boo-yah to you. >> nice. good luck. what is up? >> caller: hey, jim, agnc. i've got it in my retirement fund, and it's been dropping like a rock. and they're saying it's because of qe3. what do you think? >> look, there are issues involving the fact that these particular mortgage real estate investment trusts should not do as well in this particular environment. i think the yield, i think the dividend could go down a little, i don't know. to me, this one and anna lee, they have navigated almost e
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> it is time. it is time for the "lightning round." on cramer's you say the name -- >> buy, buy, buy! >> sell, sell, sell! >> when i play this sound -- [ buzzer ] >> -- and...
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eliminate income tax, corporate tax, abolish the irs and replace that with one federal consumption tax which i think really will create tens of millions of jobs given a zero corporate tax rate environment. >> well, you made that fairly easy. you ticked down that. but you can go into the details on this. as you know, a lot of those things could get accomplished given the two party duopoly in congress. but many of the issues that you're advocating are positions one or the other holds. so marriage equality, the obama/biden ticket is tfully supportive of that. balancing the budget now you say there is a big chunk of the republican party that advocates that. a lot of your views are being represented, though all just not in the same party. is that a fair statement? >> i think so but maybe not a fair statement from the standpoint that i think both parties give lip service to, for example, democrats give lip service to no military intervention when the reality is, continued military intervention. republicans give lip service to a balanced budget but, gentlemen gee, let's do it in 28 years and
eliminate income tax, corporate tax, abolish the irs and replace that with one federal consumption tax which i think really will create tens of millions of jobs given a zero corporate tax rate environment. >> well, you made that fairly easy. you ticked down that. but you can go into the details on this. as you know, a lot of those things could get accomplished given the two party duopoly in congress. but many of the issues that you're advocating are positions one or the other holds. so...
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the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you will never get that bargain. i believe there are some republicans who say you go -- if you lower the top tax rate, that you cannot produce any new revenue for government. i do not believe that. i say if we generate new revenue, then pay down the debt faster, by down the rate further. so i am not one who says he cannot generate any new revenue. there was a question a while ago about and ethanol subsidy that i have been trying to get rid of for years. we finally did. that is about $6 billion. some republicans said if you get rid of that -- it's price revenue neutral. get rid of a bad subsidy.
the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you...
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you will hear argumentings over the budget, over medicare and taxes. and these two men, remember, paul ryan and joe biden were on opposite sides of the negotiating table, during the super committee on the failed budget, where they failed to reach agreement. so they have a lot of past history and will air their arguments in public. you will also hear joe biden bring up abortion, because mitt romney said just this week he didn't know of any legislation that he would go after abortion if he was elected. well, he and his team walked that back, but joe biden is going to try to interest women voters. and then, there is benghazi, you know they will go after that, a lot of criticism on the hill, spreading out after the campaign. both of them believe this is a way to get at the president and joe biden, their experience on foreign policy and try to dent their record. >> andrea mitchell, who will have a great seat tonight. thank you. >>> and with us, the moderator, david gregory, nobody ever went back, what happened on your broadcast and said that chris christie
you will hear argumentings over the budget, over medicare and taxes. and these two men, remember, paul ryan and joe biden were on opposite sides of the negotiating table, during the super committee on the failed budget, where they failed to reach agreement. so they have a lot of past history and will air their arguments in public. you will also hear joe biden bring up abortion, because mitt romney said just this week he didn't know of any legislation that he would go after abortion if he was...
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debt all the taxes hiked or not, we are facing a fiscal cliff.debt all the taxes hiked or not, we are facing a fiscal cliff. everybody knows we have to fix it, but nobody knows how. i believe as we get closer to the first of january, the markets will start to react because people will be so severely impacted by that's why they call it a cliff and they'll be severely impacted and i have every hope that we can sit done and reach an agreement. >> does that mean letting the bush tax cuts expire and letting payroll tax cuts sunset? >> it means we put everything on the table. >> he's basically saying i expect markets to force us to come to an agreement. >> we think there will be a very dark moment before things actually are forced to come to fruition. we did an analysis of the fiscal cliff, we think it's about $703 billion maximum hit. that's about 4.5% of gdp. based on on various issues that we know are up on the fiscal cliff and what we know obama supports and what we think romney will support because that's a little more unclear, we think that under obama, you get about a 1% hit to gdp.
debt all the taxes hiked or not, we are facing a fiscal cliff.debt all the taxes hiked or not, we are facing a fiscal cliff. everybody knows we have to fix it, but nobody knows how. i believe as we get closer to the first of january, the markets will start to react because people will be so severely impacted by that's why they call it a cliff and they'll be severely impacted and i have every hope that we can sit done and reach an agreement. >> does that mean letting the bush tax cuts...
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we have to keep americans' taxes low. all americans' taxes low. let's not raise taxes on anybody today. we obviously have to stop this spending spree that's going on in washington. do you know that we've laid a $10 trillion debt on these young americans who are here with us tonight, $500 billion of it we owe to china? we've got to have a package of reforms and it has got to lead to reform prosperity and peace in the world. and i think that this problem has become so severe, as you know, that we're going to have to do something about home values. you know that home values of retirees continues to decline and people are no longer able to afford their mortgage payments. as president of the united states, alan, i would order the secretary of the treasury to immediately buy up the bad home loan mortgages in america and renegotiate at the new value of those homes, at the diminished value of those homes and let people be able to make those payments and stay in their homes. is it expensive? yes. but we all know, my friends, until we stabilize home values
we have to keep americans' taxes low. all americans' taxes low. let's not raise taxes on anybody today. we obviously have to stop this spending spree that's going on in washington. do you know that we've laid a $10 trillion debt on these young americans who are here with us tonight, $500 billion of it we owe to china? we've got to have a package of reforms and it has got to lead to reform prosperity and peace in the world. and i think that this problem has become so severe, as you know, that...
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i don't have that tax plan i had for the last two years. you going to believe me or your lying eyes here, come on. >> former house speaker and illinois republican dennis hastert, who's a romney supporter. good morning. >> good morning. >> i want to ask about the comments that president clinton made moderate mitt do you believe that romney has tacked to the center over the last few weeks? >> i think he wants to be president of 100% of all of the people in the united states. he has to address concerns to more moderate people that he has that sensitivity. i think he proved that as governor of massachusetts. >> do you think he had waited too long to do that? >> that's the way we have to go. and i looked at what he did in massachusetts. he went across the aisle, went with the legislature that was 87% democrat and got things done. and i think he has to prove that to the american people, i think if he's going to win, he's got the republicans. if he has to win the middle. and he has to go out and talk about how he can bring this country together an
i don't have that tax plan i had for the last two years. you going to believe me or your lying eyes here, come on. >> former house speaker and illinois republican dennis hastert, who's a romney supporter. good morning. >> good morning. >> i want to ask about the comments that president clinton made moderate mitt do you believe that romney has tacked to the center over the last few weeks? >> i think he wants to be president of 100% of all of the people in the united...
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the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you will never get that bargain. i believe there are some republicans who say you go -- if you lower the top tax rate, that you cannot produce any new revenue for government. i do not believe that. i say if we generate new revenue, then pay down the debt faster, by down the rate further. so i am not one who says he cannot generate any new revenue. there was a question a while ago about and ethanol subsidy that i have been trying to get rid of for years. we finally did. that is about $6 billion. some republicans said if you get rid of that -- it's price revenue neutral. get rid of a bad subsidy.
the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you...
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two-thirds of manufacturers pay taxes as as corporations, pay the individual tax rate. if you raise taxes on the supposedly wealthy in this country, what you're doing is you're distancing thing manufacturers from investing and creating jobs. retail is the same way. small businesses matter in this country. they are the job creators and we cannot penalize them for taking risk and creating jobs. >> you are also worried about the deficit. clearly america has large and ever-growing deficits. you propose a tax cut. that's deficit spending. >> wait a minute. first of all, this is a two-step deal. everybody knows we need the big deal and we talk about that in 30 seconds. but we're not going to get to the big deal by jumping off the bridge. and what we are saying is it is not the right thing to do you have the largest tax increase in history of america and to have $1.2 trillion worth of spending cuts that don't even look at medicare and medicaid. across the board without thinking through what this big deal is going to be. and anybody from either party hould come to a realization
two-thirds of manufacturers pay taxes as as corporations, pay the individual tax rate. if you raise taxes on the supposedly wealthy in this country, what you're doing is you're distancing thing manufacturers from investing and creating jobs. retail is the same way. small businesses matter in this country. they are the job creators and we cannot penalize them for taking risk and creating jobs. >> you are also worried about the deficit. clearly america has large and ever-growing deficits....
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the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you will never get that bargain. i believe there are some republicans who say you go -- if you lower the top tax rate, that you cannot produce any new revenue for government. i do not believe that. i say if we generate new revenue, then pay down the debt faster, by down the rate further. so i am not one who says he cannot generate any new revenue. there was a question a while ago about and ethanol subsidy that i have been trying to get rid of for years. we finally did. that is about $6 billion. some republicans said if you get rid of that -- it's price revenue neutral. get rid of a bad subsidy.
the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you...
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Oct 10, 2012
10/12
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FOXNEWSW
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he says we pay state taxes, federal sacksess, property taxes, sale and use taxes. workers compensation taxes and unemployment taxes i have to hire an entire department to manage all the taxes. i guess even the people who help manage the taxes will probably still have their jobs either way. what do you think about that matt? >> if you take care of taxes and regulations your jobs will probably be booming in the next couple of years in obama is reelected. siegel makes a good point. what he points out is the fact that we are are paying so much in taxes there is a lot of uncertainty going forward that we may be paying more. the united states has the highest corporate rate in the world. if we're going to be taxes them through obama care, another route or higher regulations what is an owner supposed to to do? if that ownre of a company whether it be a billion dollar company or a company with one hundred employees, if you're making less money you're going to have less employees. if you have less employees that means that is one more person out of work. every person that is
he says we pay state taxes, federal sacksess, property taxes, sale and use taxes. workers compensation taxes and unemployment taxes i have to hire an entire department to manage all the taxes. i guess even the people who help manage the taxes will probably still have their jobs either way. what do you think about that matt? >> if you take care of taxes and regulations your jobs will probably be booming in the next couple of years in obama is reelected. siegel makes a good point. what he...
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Oct 12, 2012
10/12
by
WBAL
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only has two bedrooms, but it comes with an unbelievable 184 acres of wooded land with virtually no taxes. it has its own lake, it own pond, its own stream. hey, come see my lake. that's pretty cool, right? the living room takes in the outdoors with all those windows on every wall, cathedral city and blond wood floors and woodwork, makes you feel like you're camping out. kitchen with wood beam ceilings and kitchen doors and cabinets and a cozy bedroom a little bit on the dark side for me, but it has an arched window tucked into the peak of the cathedral ceiling and bet you could have sweet dreams in that room. i like it all. >> you're a little on the dark side so that's all right. >> i wouldn't talk about that. >> 485,000 for this one. >> four miles from downtown and this is called a for you square style home, actually new and perfectly made to pit into the monger place historical neighborhood. all the houses around very old. this is a traditional covered porch with columns and lattice work. you wouldn't know that's a brand new house. there's a huge living room with hand-scraped hardwood
only has two bedrooms, but it comes with an unbelievable 184 acres of wooded land with virtually no taxes. it has its own lake, it own pond, its own stream. hey, come see my lake. that's pretty cool, right? the living room takes in the outdoors with all those windows on every wall, cathedral city and blond wood floors and woodwork, makes you feel like you're camping out. kitchen with wood beam ceilings and kitchen doors and cabinets and a cozy bedroom a little bit on the dark side for me, but...
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Oct 11, 2012
10/12
by
CSPAN2
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and something to note is that the earning income tax. or and the child tax cut that are up for extension at the end of this year. so things are definitely, appearing right in front of us that we need to work on immediately. with respect to child and senior poverty rates, i think there's also a lesson. senator dodd spoke to this, and jennifer carter, and what we need to do but this. which you can see in 1966, the poverty rate for seniors was much higher than that for kids. and with a lot of focus and a lot of work of mark, mark shriver's dad and other people, we have tackled some of these problems. you can see the poverty rate for seniors, and mark talked about this, is now down to 9%. the poverty rate forget is going back up. what we're calling on a is sort of a focus, focus take us -- particularly on child poverty. in great britain, the blair administration in 1999 decided to tackle child poverty rates. and you can see that their poverty rate when he addressed the issue was much higher than the united states. and you can see that it has
and something to note is that the earning income tax. or and the child tax cut that are up for extension at the end of this year. so things are definitely, appearing right in front of us that we need to work on immediately. with respect to child and senior poverty rates, i think there's also a lesson. senator dodd spoke to this, and jennifer carter, and what we need to do but this. which you can see in 1966, the poverty rate for seniors was much higher than that for kids. and with a lot of...
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Oct 9, 2012
10/12
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MSNBCW
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he talked about not taxing the wealthy. now he says he will tax the wealthy. he talks about energy independence now but didn't support the president on his programs to create alternative forms of energy for our country, which this president did. he talks about tax changes to help business development. who did that? president obama, with 100% tax credit in manufacturing, for example, which has just sizzled across the industrial midwest with the business start-ups that we see. even art furnaces being installed on the ohio republic steel. we haven't seen this in two decades. so, he can talk as a candidate, but the president has done it in a very difficult situation that he inherited from the bush administration, where the whole country's economy collapsed because of those titans up on wall street that tied up the finances of this country, and literally, we've had the largest transfer of wealth in american history from main street to wall street. you think that mitt romney, who was a part of that culture, is going to change anything for the people of this country?
he talked about not taxing the wealthy. now he says he will tax the wealthy. he talks about energy independence now but didn't support the president on his programs to create alternative forms of energy for our country, which this president did. he talks about tax changes to help business development. who did that? president obama, with 100% tax credit in manufacturing, for example, which has just sizzled across the industrial midwest with the business start-ups that we see. even art furnaces...
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Oct 14, 2012
10/12
by
CSPAN
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tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in august and august was slower than it was in july. we're heading in the wrong direction. 23 million americans are struggling for work. 15% of americans are living in poverty. this is not what a real recovery looks like. we need real reforms for a real recovery. that is exactly what we are proposing. get america energy independent by the end of the decade. get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is
tax cut unless you give the tax cut for the super wealthy. it is about time they take some responsibility. >> joe and i are from similar towns. do you know what the unemployment rate in scranton is today? 10%. that is how is going all around america. >> that is not how it is going. it is going down. >> did they inherit a tough situation? absolutely. but we're going in the wrong direction. the economy is barely limping along. job growth in september was slower than it was in...
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Oct 8, 2012
10/12
by
CSPAN2
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john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president literally said to me, i would willingly lose an election if i could solve these problems. it is that serious. tim geithner, the treasury secretary, in the book is quoted thousands of words telling the president, you have got to do something about this problem. we have to fix it. you literally, it's not that we're going to close down the government, we will close down the american economy and, in turn, the global economy. if they do not solve the issue of this runaway spending, get some way to stop borrowing in excess, he tells the president of the united states if we default on this, on our obligation
john boehner is trying to work a deal with the president to do tax reform and entitlement reform and his deputy, the majority leader, calls people like paul ryan, who is now running for vice president. .. >> if you keep doing this, you are going to risk your speakership. the president said when i talked to him, interestingly enough, he said in fixing -- he realizes the magnitude of all of this, as does speaker boehner, key democrats, key republicans realize what it is. and the president...
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Oct 10, 2012
10/12
by
CSPAN
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it cuts taxes further. beyond the bush tax cuts for the wealthy. i think there's still a lot of back and forth flip-flopping whatever you want to call it strategic ambiguity what mitt romney is saying. host: let's go to stamford, connecticut, bob you're up next. caller: good morning. i'm an informed voter and i spent 30 plus years in the consulting industry and i don't know how to create jobs and people would have you believe is possible. there's a number of factors that led to the current condition and i don't hear anybody talking about what's going to be done to alleviate those factors. going to give you a couple examples. one is the banks. the availability of money. two, is the confidence in wall street. so many got burned, very few people private investors, want to take chance on investing money. three oil, the war in iraq, restricted the flow out of one of the major producers when congress petitioned for that oil around the world which was increasing at a dramatic rate. finally, new industries, previously in all of the recoveries there were al
it cuts taxes further. beyond the bush tax cuts for the wealthy. i think there's still a lot of back and forth flip-flopping whatever you want to call it strategic ambiguity what mitt romney is saying. host: let's go to stamford, connecticut, bob you're up next. caller: good morning. i'm an informed voter and i spent 30 plus years in the consulting industry and i don't know how to create jobs and people would have you believe is possible. there's a number of factors that led to the current...